The Ministry of Finance has released its monthly economic outlook report, projecting inflation in Pakistan to remain between 5 and 6 percent during November, while signaling a cautiously positive economic scenario.
The report noted pressure on food prices and agricultural output, though industrial activity is gradually improving. It highlighted that ongoing economic reforms are bringing stability to economic activities, and the availability of adequate agricultural inputs is expected to support better crop production.
Government interventions are anticipated to enhance supply chains, particularly during the Rabi season, helping stabilize agricultural supplies. The ministry emphasized that fiscal discipline and rising revenues have contributed to gradual economic stabilization.
The report also noted growth in the LSM (large-scale manufacturing) sector and IT exports, while public debt decreased by Rs137.1 billion. For the first time in five years, a quarterly reduction in debt was recorded, aided by early repayment of expensive loans, reducing financial risks and reflecting the effectiveness of government strategies to ensure economic stability.
